On Monday, Air Products & Chemicals Inc (NYSE: APD) opened lower -1.01% from the last session, before settling in for the closing price of $309.21. Price fluctuations for APD have ranged from $212.24 to $332.42 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 9.52%. Company’s average yearly earnings per share was noted 7.14% at the time writing. With a float of $220.60 million, this company’s outstanding shares have now reached $222.20 million.
Considering the fact that the conglomerate employs 23000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 31.67%, operating margin of 23.1%, and the pretax margin is 26.1%.
Air Products & Chemicals Inc (APD) Insider Activity
A key investor’s attitude towards the stock of the Specialty Chemicals industry is another important factor to consider. The insider ownership of Air Products & Chemicals Inc is 0.77%, while institutional ownership is 88.46%. The most recent insider transaction that took place on Dec 05 ’23, was worth 28,327. In this transaction VP, Controller & PAO of this company sold 107 shares at a rate of $264.74, taking the stock ownership to the 1,270 shares. Before that another transaction happened on Nov 13 ’23, when Company’s Chairman, Pres. and CEO bought 11,000 for $264.42, making the entire transaction worth $2,908,620. This insider now owns 670,673 shares in total.
Air Products & Chemicals Inc (APD) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 3.15 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 3.12) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.2 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 7.14% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.00% during the next five years compared to 8.70% growth over the previous five years of trading.
Air Products & Chemicals Inc (NYSE: APD) Trading Performance Indicators
Check out the current performance indicators for Air Products & Chemicals Inc (APD). In the past quarter, the stock posted a quick ratio of 1.10. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 11.51, a number that is poised to hit 3.48 in the next quarter and is forecasted to reach 13.35 in one year’s time.
Technical Analysis of Air Products & Chemicals Inc (APD)
Compared to the last year’s volume of 1.61 million, its volume of 1.46 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 8.67%. Additionally, its Average True Range was 5.40.
During the past 100 days, Air Products & Chemicals Inc’s (APD) raw stochastic average was set at 69.53%, which indicates a significant increase from 3.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.28% in the past 14 days, which was lower than the 28.64% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $298.98, while its 200-day Moving Average is $264.09. Nevertheless, the first resistance level for the watch stands at $309.87 in the near term. At $313.65, the stock is likely to face the second major resistance level. The third major resistance level sits at $316.01. If the price goes on to break the first support level at $303.73, it is likely to go to the next support level at $301.38. Should the price break the second support level, the third support level stands at $297.60.
Air Products & Chemicals Inc (NYSE: APD) Key Stats
There are currently 222,314K shares outstanding in the company with a market cap of 67.76 billion. Presently, the company’s annual sales total 12,600 M according to its annual income of 2,300 M. Last quarter, the company’s sales amounted to 2,986 M and its income totaled 696,600 K.
